Course Details

MICROECONOMICS

POLS121

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Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS Credits
1POLS121MICROECONOMICS3+0+035

Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program POLITICAL SCIENCE AND INTERNATIONAL RELATIONS
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course - Familiarize students with the main concepts of economics.
- Familiarize students with the consumer behaviour.
- Familiarize students with the firm behaviour.
- Familiarize students with the different types of markets (competitive
market, monopoly and oligopoly
Course Content This is an introductory course of microeconomics. The course contains theoretical information on how economic affairs function, the way individuals, households and firms behave and make decisions, and the principles of allocation of resources. In addition to these subjects, different types of market structures and how these markets work are explained.
Course Methods and Techniques This course will primarily be conducted through lectures. Regular lectures will be held to ensure that students learn and understand the concepts of microeconomics. During the lectures, key topics and theoretical information will be covered, and explanations will be provided to help students grasp the material. To reinforce understanding of the topics covered in class, quizzes will be administered at regular intervals, and these quizzes will be used to assess students' knowledge.
Prerequisites and co-requisities None
Course Coordinator Asist Prof.Dr. BURAK KAĞAN DEMİRTAŞ burakkagan.demirtas@agu.edu.tr
Name of Lecturers Asist Prof.Dr. Tamer Güven tamer.guven@agu.edu.tr
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
This course covers the fundamental concepts of microeconomics. It begins with the analysis of demand and supply relations and market equilibrium. Next, it focuses on consumer and firm behavior, examining decision-making processes. Various market structures, such as competitive markets, monopolies, and oligopolies, will also be thoroughly explored. Each topic will be supported by relevant theories and examples, and understanding will be reinforced through quizzes.

Course Category
Mathematics and Basic Sciences %30
Social Sciences %30
Field %40

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Yarıyıl İçi Çalışmalarının Başarı Notunun Katkısı 1 % 25
Quiz/Küçük Sınav 5 % 25
Total
6
% 50

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Ders Dışı Sınav 1 30 30
Kısa Sınav 5 6 30
Kişisel Çalışma 1 30 30
Final Sınavı 1 60 60
Total Work Load   Number of ECTS Credits 5 150

Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Provide the main topics, basic concepts and terminology of economics.
2 Demonstrate the theoretical background of how people make decisions of consumption and production.
3 Be able to explain different cost concepts, demand and supply relations, competition and various market structures, environmental issues and inequality.


Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Ten Principles of Economics; Thinking Like an Economist Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
2 Interdependence and the Gains from Trade; The Market Forces of Supply and Demand Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
3 Elasticity and Its Application Supply, Demand, and Government Policies Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
4 Consumers, Producers, and the Efficiency of Markets; Application: The Costs of Taxation Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
5 Externalities; Public Goods and Common Resources Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
6 Public Goods and Common Resources; The Design of the Tax System Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
7 The Costs of Production Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
8 Firms in Competitive Markets Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
9 Monopoly Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
10 Monopolistic Competition; Oligopoly Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
11 The Markets for the Factors of Production Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
12 Earnings and Discrimination; Income Inequality and Poverty Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
13 The Theory of Consumer Choice Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.
14 Frontiers of Microeconomics Reading the relevant chapters and attempting to solve the end-of-chapter questions. Mankiw, N. G. (2021). Principles of economics (9th edition). Cengage Learning, Inc.


Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 P12
C1 3 3 3 3 3 3 3 3 3 5
C2 3 3 3 3 3 3 3 3 3 5
C3 3 3 3 3 3 3 3 3 3 5

Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant


https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=70993&lang=en
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